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. >>> now let's go from pizza to baseball. america's greatest pastime is also feeling the pain of the fiscal cliff tax hike. professional baseball players and major league owners in a fever pitch to finalize contract negotiations before year's end. brian shatner steps up to the plate now with that story. >> reporter: the potential for marginal tax rates to go from 35 to 40% is a big deal for major league baseball. i want to put it all in perspective. the minimum salary in major league baseball is just under $500,000 a year. right now we are smack dab in the middle of free agency. it's pretty clear players and agents are trying to get as much money as possible in 2012. just like special dividends we're actually seeing a lot of activity this week. usually baseball only gives big bonuses to draft picks. but on thursday when outfielder b.j. upton signed a $75 million deal with atlanta, what was included? a $3 million bonus. payable, mind you, by december 31st. it absolutely jumps off the page. his former teammate in tampa, evan longoria signed a $100 million extension. including in that 1 millio
who haven't gotten even 1.5 million votes. they represent fewer than 1.5 million people in america and he's seated leadershceded leade. why? >> obama has all of the power right now. the president had a meeting with congressional leaders and he knows at the end of the day what he wants that 250 threshold unemployment insurance extension, he's going to probably get it. he's going on "meet the press" first time he's going on in three years to put his foot on the republicans and senate republicans to say as this deadline approaches what will you do? will you prevent a small extension of tax rate increases. i'm offering you 250. are you going to take it or leave it. that's hard ball politics. that's what obama is doing now. he's not ceding power. he's letting them haggle over the threshold and he's ending this argument and this debate. >> all right, gentlemen. good discussion. great to have you both on. guys, stick around -- oh, they're coming back. that's right. they're part of the fiscal cliff power panel. >>> let's turn to the market sell-off. the dow going down 158 pointis and want
Search Results 0 to 1 of about 2